The video emphasizes the importance of remittances, especially for rural communities, where they serve as a crucial source of income. In 2023, over $600 billion was sent globally, helping families meet basic needs and contributing to achieving Sustainable Development Goals (SDGs). Digitalization has improved remittance systems, lowering costs and increasing accessibility, especially for marginalized groups. The International Day of Family Remittances 2023-2024 campaign focuses on using digital technologies to make remittances faster, cheaper, and safer, with a goal of reducing transfer costs to 3% by 2030.
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